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You could also reverse that and say "all it takes to cause a boom is to convince everyone there's a boom". People think the markets are rational and maybe over
by Ididntdothis 7y ago
You could also reverse that and say "all it takes to cause a boom is to convince everyone there's a boom". People think the markets are rational and maybe over decades they are but in the short term half of it is sheer psychology and herd mentality.